As a mage, I just want to pursue the truth

Chapter 15 Venture Capital
"Another genius who wants to run away from Midi."

Many outside media wanted to interview Zheng Li, but Zheng Li didn't agree to it at all, and the school blocked them all for him.

After publishing nature, Zheng Li felt that he was no different from before. His classmates called him Zheng Shen before, but now they still call him Zheng Shen.

I know more people. Occasionally when I walk in the school, I will be pointed at by people. All the senior leaders of the school know him.

He didn't go to class before, and no one cares if he doesn't go to class now. After ARMA was issued, the dean directly asked him to give the newly recruited graduate students a high-level improvement class.

The teacher of the college asked him to take all the courses he could choose, and strive to graduate in two years. Anyway, he only took the exam.

"Zheng Li, you have to participate in this year's Qiu competition, and I'm waiting for you to win a gold medal for the school."

Liu Gui felt relieved that Zheng Li no longer ran to the School of Biology every day, and he hoped that Zheng Li could help the school win a gold medal in the Qiu competition.

For so many years, Jiangcheng University's School of Mathematics has only won a silver medal at most.

Zheng Li promised that he didn't think about it at all. He had been trying to find a way to contact Mr. Lei of Rice through the school's channels.

He went directly to the principal and got Lei Jun's phone number, and told the principal that he was a loyal fan of Lei Jun.

Then I asked the principal to make an appointment with Lei Jun in advance. The appointment arrived one night on the weekend. Lei Jun heard that he had a fan who published nature as a freshman in Jiangcheng University. He was also willing to give the other party a chance to hear what the other party wanted to say.

This kind of talent is definitely not as simple as just making a phone call to express admiration, even his fans are just an excuse.

Lei Jun, as a top talent, has been in the entrepreneurial circle for many years and knows this very well.

But to publish nature at the age of 18, he is willing to give Zheng Li a chance.

On the weekend night, Lei Jun thought that he was giving the other party a chance, but he didn't know that this was the biggest chance in his life.

"Hello Mr. Lei? I'm Zheng Li from Jiangcheng University." Zheng Li had the idea of ​​finding the next one if he could succeed in what he wanted to do through Mr. Lei.

After Lei Jun received it, he smiled heartily: "Hi, student Zheng. I am Lei Jun. I heard from the principal that you are my fan. I want to chat with me. I need some life advice for you, senior." Lessons learned?"

Zheng Li felt that he was thinking a little too much, "It's like this, Mr. Lei, do you know the content of the paper I published in Nature?"

Lei Jun: "If I remember correctly, it is a synthetic molecule."

Zheng Li nodded and continued: "This molecule is called endorphin, and endorphin can act as an analgesic. I have already discovered how to produce endorphin on a large scale."

"I need a venture capital investment to register a worldwide patent, and I need to conduct clinical trials to prove that this analgesic is better than other analgesics and has fewer side effects."

After listening to Lei Jun, he regained his spirit:

"How do you prove that endorphins work better than other pain relievers?"

Zheng Li: "Because endorphins could not be artificially produced before, there are limited experimental records on the analgesic effect of endorphins."

"But through limited experiments, we can see that endorphins are far less addictive than morphine, and the analgesic effect and sequelae are also better than morphine."

"These effects were demonstrated in small mammals and there are currently no experimental records in humans."

"But my hunch is that endorphins also work better than other pain relievers in humans."

After listening, Lei Jun asked directly: "How much venture capital do you need to achieve the effect you want?"

"In addition, you make a PPT and a specific plan. You give your identity information to my assistant, and I will ask the assistant to book a flight ticket for you on Monday. Come over and we will discuss it in detail."

You can know the value of a new drug without thinking about it, let alone an analgesic, a new drug with an extremely wide range of applications.

If the effect of endorphins is really that good, he will be able to make a solid profit from investing in this business.

"Boss Lei, book a train ticket for me, I don't fly."

Before mastering magic, Zheng Li would not know how to fly.

After talking with Zheng Li, Lei Jun called his assistant and said:

"Xiao Li, give me an introduction document on endorphins tomorrow, as well as an analysis report on the domestic and worldwide analgesic market."

"Give it to me before work on Monday."

After Zheng Li and Lei Jun met, they talked very happily. Lei Jun expressed his strong willingness to invest in this project.

Lei Jun asked, "How much do you need?"

Zheng Li: "At least 5000 million for the first phase."

Lei Jun: "I want 30.00% of the shares."

Zheng Li refused: "5000 million, I will give you a maximum of [-]% of the shares."

Lei Jun: "You only have one nature paper now, and the large-scale production of endorphins is just what you say can be achieved, but there is no material to prove it in fact."

"In addition, the actual effect of endorphins and whether they can really replace the effects of traditional analgesics such as morphine are still unknown."

"I'm going to take a big risk when I vote for your project."

Zheng Li was unmoved: "Venture investment is to take risks. Mr. Lei, you are investing in people. If the problems you mentioned just now are resolved, this venture investment may not be able to get Dami."

"5000 million ten percent of the shares is already a lot. This is only the first round of investment. If you are given 30.00% of the shares in the first round, my own share will be reduced to a very small amount later."

"And the ten percent of the shares given to you have voting rights."

Lei Jun said: "But 5000% is still too little, 500 million is not [-] million."

Zheng Li was speechless: "Mr. Lei, don't treat me as a student. I am talking to you about a new drug, or a new drug with a broad market prospect."

"You know the cost of developing a new drug very well. Hundreds of millions of dollars may be just a waste of money."

"Now it is a mature new drug that needs venture capital to register patents and conduct clinical trials."

"5000 million is not expensive at all, it is already very cheap."

"I believe that I will stay at Jiangcheng University for a few more years. When I come out at that time, if you think about venture capital, you won't even be able to get 5000% of the shares for 5.00 million."

Zheng Li refused to give in at all.

The essence of venture capital is to invest in people, let alone whether it is a project or a person, Lei Jun is very optimistic.

2019 is different from 2010. The venture capitalists in 2010 pay attention to investing in wolf-like people.

Even in 2016, why didn't Zhu Xiaohu vote for Toutiao?It was because he felt that Zhang Yimin was not aggressive.

And what is the focus of 2019?It is scientific research ability, a large sum of money is invested in the chip industry, and technology is the first competitiveness reflected vividly at this time.

(End of this chapter)